PepsiCo Agrees to Buy the Remaining 50% Stake in Sabra and Obela
PepsiCo(PEP) ZACKS·2024-11-26 01:55
PepsiCo, Inc. (PEP) looks well-poised for growth on strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. In the latest revelation, PepsiCo has agreed to purchase the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela). Hence, the company will be the sole owner of these companies, manufacturing Sabra and Obela products.More on PEP’s Latest NewsPresently ...